Bonham has a younger population than other areas in Texas with a median age of 36 years. It is also less affluent than average with a median income of $33,667 per household. The Bonham market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area. The top school in the city is Sam Rayburn Elementary School.
The housing prices of Bonham are close to the state average with a median home value of $68,100 and a current average list price of $51,549. In this week's report, the number of homes sold in the Bonham market slid to 11 over the past 30 days, a decrease of 15.4% from last week's report, but still above the monthly average.
Make sure you take a look at these eye-catching homes in Bonham that generated the most views from potential buyers:
A three-bedroom detached home valued around $107,092 is considered a typical dwelling in Bonham. If a buyer was looking for a similar home, they would need good credit and a $21,418 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $924 and the property tax rate is $11.52 per $1,000 of taxable assessed value.
Get started right now by checking out Bonham homes for sale or reviewing Bonham real estate trends.